Marsh McLennan CEO: Economics, Geopolitics Drive Up Price of Risk

Geopolitical risks driving insurance pricing

Marsh McLennan sees strong growth opportunities amid a year of economic and geopolitical uncertainty that is raising the price of risk, according to its chief executive officer. The geopolitical environment remains unsettled, with multiple major wars and rising tensions politically, said President and CEO John Q. Doyle in a conference call. As more than half… Continue reading Marsh McLennan CEO: Economics, Geopolitics Drive Up Price of Risk

Ransomware, Email Compromise Are Top Security Threats While Deepfakes Increase

BEC attacks

While ransomware and business email compromise (BEC) are the most common causes of security incidents for businesses, geopolitics and deepfakes are becoming more prevalent, according to reports from two leading cyber security firms. According to VMware’s 2022 Global Incident Threat Response Report, there is a steady increase in extortionate ransomware attacks and BEC, as well… Continue reading Ransomware, Email Compromise Are Top Security Threats While Deepfakes Increase